So you have decided to move forward and take on the challenge of how to make money, and be successful doing so. A word of advice. Things often do not go as planned, and you are bound to experience some bumps in the road to success. You must be prepared for when things do not go as you had envisioned. If you can push through these challenges, you visions of success will become reality. This may be difficult to believe, but consider the following examples of failure followed by success.
a. We all know that Thomas Edison invented the light bulb. However, what many of us do not know, is that he tried nearly ten-thousand different experiments before he finally demonstrated the first incandescent light bulb on October 21st, 1879.
b. You might have heard of someone named Bill Gates. Bill Gates is popular today because he is the founder of the company Microsoft. What is rarely mentioned, is the fact that Mr. Gates first company, Traf-O-Data, was an abysmal failure.
c. How about Michael Jordan. Did you know that Michael Jordan did not make his high school basketball team the first year that he tried out? We all know that this did not cause him to quit playing basketball since he is arguably the greatest player to ever have played the game.
d. There is a four foot ten inch actor who has been active since the 1970’s, and is still acting today. I am sure that you can guess who he is, but in the event that you are drawing a blank, I am referring to Danny DeVito. The fact is that Danny DeVito auditioned over a hundred times before finally landing his first role. There just were not too many roles for extremely short, chubby, bald guys. However, DeVito did not take no for an answer and kept pursuing his dream until success found him. Today, he plays Frank Reynolds on the television show, “It’s Always Sunny in Philadelphia.”
Most entrepreneurs on a quest of how to make money often fail prior to achieving success. Of course you usually do not hear about the failures because people become known for being successful. Have you ever hear the saying, “If it were easy, then everybody would be doing it?” Nothing reigns more true to the plight of the entrepreneur.
Going back to “Exhibit A”, Thomas Edison was asked whether it was frustrating failing nearly ten-thousand times prior to inventing the light bulb. Edison’s response was, “I did not fail nearly ten-thousand times, rather, I merely came up with around ten-thousand methods that did not work.” Essentially what Edison was saying was that failure for an entrepreneur is not a failure in the usual sense of the word. By failing, Edison was able to eliminate methods which he knew would not work, and focus on new methods. Ultimately, he invented the first incandescent light bulb by finding his newest method on October 21st, 1879.
In my opinion, the most important aspect of how to make money, is how you deal with failure. Once you accept failure as an inevitability, you are able to learn from your mistakes and build from there. It is really easy to let the failure consume you, and knock you off of your path. This is not because you are a pessimistic being, it has more to do with the fact that it is truly difficult to see something which you poured your heart and soul into be ignored or rejected.
I get it. Nobody wants to fail. However, if you change your attitude towards “failure” you will be successful.
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